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Pros and Cons of Selling Your Home As-Is

Cleveland Appraisal Blog

For some homeowners, extensive renovations can present a challenge in terms of time and finances, particularly if you plan to move out of your home soon. Talking to your real estate agent or appraiser is also helpful to get a professional’s point of view. I hope you find her article to be helpful!

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Just Put in an Offer on a Home? Here's What to Expect

Eppraisal

Your bid may need to be higher, your contract contingencies may be undesirable or other buyers may have more attractive financing requirements. The other party has no obligation to respond to you, but your real estate agent can reach out to learn their motivation for declining your proposal.

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Red Flags to Consider When Viewing Homes

Eppraisal

Sellers must understand foundation issues can lower their home value, while buyers could pay between $2,161 and $7,780 for costly repairs, depending on the fix.    Unpermitted Work Certain renovation projects can significantly increase home values. However, buyers viewing homes should be wary of inconsistent paint jobs.

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What to Do if You’re Selling a Home with Foundation Issues

Lamacchia Realty

If you believe your home has foundation damage and you’re looking to sell, there are a few steps you need to take to cover yourself legally and get the most money possible for your home. Get the quote in writing and hold onto it for future buyers. Disclose the damage found by the contractor in writing to any potential buyers.

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Is Your “Crazy” Neighbor Lowering Your Home’s Value?

Cleveland Appraisal Blog

Often personal ideas of value are different than market value because the value is in the eyes of the beholder, which does not account for the entire market of potential buyers. Market value, therefore, considers the entire pool of potential buyers of homes that are similar to, and that compete with the property being appraised.

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The Impact of AI on Buying and Selling a House

Eppraisal

The integration of AI technologies is revolutionizing the way people buy and sell houses, streamlining processes, enhancing decision-making, and providing new opportunities for buyers, sellers, and real estate agents. AI can streamline these processes, reducing paperwork errors, and expediting transaction times.

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Non-Arms Length Sales for Appraisers

Appraisal Today

What Does Arm’s Length Mean in Real Estate? The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction.